The Wizards offered Bradley Beal a max contract extension worth approximately $111 million over three years on Friday, the first day they were allowed to by the league.
But there are many different ways Beal could go with his next deal, some lucrative enough to believe he has every reason to wait and bet on himself to make more money.
Here is a cheat sheet-style look at the money Beal stands to make in different scenarios.
Wizards' offer: three years, $111 million OR two years, $71.5 million OR one year, $34.5 million
(the Wizards have given Beal flexibility for the length of the extension he wants)
When he has to decide: by Oct. 21, the deadline to sign an extension of this type
Money he can make:
If he signs this offseason (2019) - $111M over three years
($34.5M in 2021-22, $37.3M in 2022-23, $40M in 2023-24)
If he signs next offseason (2020) - $154M over four years
($34.5M in 2021-22, $37.3M in 2022-23, $40M in 2023-24, $42.8M in 2024-25)
If he makes All-NBA and qualifies for a supermax next offseason (2020) - $254M over five years
($43.8M in 2021-22, $47.3M in 2022-23, $50.8M in 2023-24, $54.3M in 2024-25, $57.8M in 2025-26)
If he signs with the Wizards the offseason he can hit free agency (2021) - $218M over five years
($37.5M in 2021-22, $40.5M in 2022-23, $43.5M in 2023-24, $46.5M in 2024-25, $49.5M in 2025-26)
If he leaves in free agency to sign with another team (2021) - $118M over three years
($38M in 2021-22, $39M in 2022-23, $41M in 2023-24)
***all numbers are approximate based on future salary cap projections and some have been rounded up***
***projections based on info provided by Larry Coon's NBA Salary Cap FAQ, ESPN and Pro Basketball Talk***
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